Graypoint LLC Reduces Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Graypoint LLC lowered its holdings in iShares TIPS Bond ETF (NYSEARCA:TIP) by 1.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,050 shares of the exchange traded fund’s stock after selling 153 shares during the period. Graypoint LLC’s holdings in iShares TIPS Bond ETF were worth $964,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. FC Advisory LLC raised its position in shares of iShares TIPS Bond ETF by 2.0% in the 4th quarter. FC Advisory LLC now owns 5,511 shares of the exchange traded fund’s stock worth $587,000 after acquiring an additional 110 shares in the last quarter. Horizons Wealth Management raised its position in shares of iShares TIPS Bond ETF by 3.5% in the 4th quarter. Horizons Wealth Management now owns 53,673 shares of the exchange traded fund’s stock worth $5,719,000 after acquiring an additional 1,801 shares in the last quarter. Insight Wealth Strategies LLC raised its position in shares of iShares TIPS Bond ETF by 2.5% in the 4th quarter. Insight Wealth Strategies LLC now owns 85,283 shares of the exchange traded fund’s stock worth $9,087,000 after acquiring an additional 2,108 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares TIPS Bond ETF by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,880,936 shares of the exchange traded fund’s stock worth $318,257,000 after acquiring an additional 51,713 shares in the last quarter. Finally, Capasso Planning Partners LLC bought a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth approximately $347,000.

iShares TIPS Bond ETF Stock Performance

Shares of NYSEARCA:TIP opened at $106.22 on Friday. iShares TIPS Bond ETF has a 52-week low of $104.67 and a 52-week high of $111.06. The firm has a market capitalization of $18.43 billion, a P/E ratio of 11.86 and a beta of 0.09. The stock has a 50 day moving average price of $107.55 and a 200-day moving average price of $108.28.

iShares TIPS Bond ETF Company Profile

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).